There is a huge trade-off needing to be made between convenience and security. The more we put online, the less secure things become, overall. Hacking is a huge business which means that it will only continue to grow since we are seeing more of our lives digitized.

One advantage to being decentralized is that is makes the life of hackers a lot tougher. It is far easier to access one server or a set of servers within a company. That said, decentralized is a lot slower...another trade off.

Ultimately, countries will figure it out. The blockchain is definitely going to be at the core of a lot of this. Will India lead the way? We shall see.